Month: March 2016

Hi there Property hunters. Another superb property has come on the market with us. It’s a 2 bedroom property and it’s on the market at £170,000.

The area admittedly isn’t everyone’s cup of tea, but if you picked it up and put it in a more desirable area, it would probably cost you around £240 – 250k, the rental levels would also be higher, so you would probably end up with a similar return at the end of it, but you would have a higher initial outlay. A 2 bed semi in this area would rent out for £675 pcm, which would give you a gross yield of 4.7%

Another factor to take into account when looking at a buy to let property is capital growth, a property in a less desirable area, may not grow in value as much as a property in a better area. If you would like any more advice on what to look out for when buying an investment property. Give me a call or drop me an e-mail exeter@northwooduk.com

Good morning everyone. We have hust been instrcuted on this 2 bedroom mid link home situated in the popular location of Exwick. The property would be ideal for investment or first time buyers and has accommodation comprising: Kitchen and lounge on the ground floor. The 1st floor has 2 bedrooms and bathroom. Outside there is a garden to the rear and allocated parking.

The property does need some work, however, it is on the market at an asking of £129,000. Market rent is 625 pcm. This would generate you a gross yield of 5.8%, which in this market isn’t bad. If you have any questions about investing in property, feel free to give me a call on 01392 435 130, or drop me an email exeter@northwooduk.com

About The Author

Thank you for visiting this blog. Northwood Exeter are a leading estate agent and professional team of local, friendly experts who are passionate about property. We are proud of our reputation across Exeter and the surrounding areas earned through our knowledge of the property market.

I have always shared my thoughts on the local property market in Exeter with my landlords, but now I want to share with everyone in the town.

On this blog, Gail Barnes I will talk about what is happening in the town's property market itself, even looking at specific streets or housing estates. At other times, we will post what we consider decent buy to let deals. Some will be on the market with me as we also sell property, but others will be on the market with other agents in Exeter. We like to look at the whole of market and give you, what we consider the best investment opportunities.

If you see a potential deal, and want a second opinion, without hesitation, email the Rightmove link to exeter@northwooduk.com , we will always give you our honest opinion on the property and its investment potential. (both good and bad) .

About The Blog

This blog follows the buy-to-let and sale market in Exeter. You'll find tips, guidance, and analysis that relates specifically to Exeter and you'll also find properties from all the estate agents in the town on here that may make decent investments. I operate Northwood Exeter with Gail Barnes and if you're thinking of buying a property to let in Exeter or just want an up to date Market Appraisal of your home, please do not hesitate to call me on 01392 435 130 or e-mail on exeter@northwooduk.com